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Option agreements for land in Mitcham

Before you agree an option agreement on land near Mitcham, it helps to know exactly when you'd be paid, who carries the planning risk and how the price is set.

An option can capture more of your land's value where it needs a long planning journey, but the details matter. We explain every term before you commit.

  • Free appraisal and written offer
  • No pressure to decide
  • Independent advice encouraged

Get an offer for land in Mitcham

We'll check the title and planning, then call you.

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Land around Mitcham

Mitcham (CR4) sits in OS grid square TQ26, roughly 7 miles south of central London. Sites between here and Morden or Streatham are just as much of interest to us.

TownMitcham
CountyGreater London
CountryEngland
Postcode districtCR4
OS grid squareTQ26
Nearest towns we coverMorden (1 mi), Wimbledon (2 mi), Streatham (2 mi)
Distance from central LondonAbout 7 miles south
Planning systemNational Planning Policy Framework and local plan
When you're paidOption fee now, price when the option is exercised
Planning costsOurs, sometimes recoverable from the price
Two people in outdoor jackets walking along a hedgerow, one pointing across the field

Who an option agreement works best for

  • Larger fields and blocks on the edge of towns and villages
  • Owners happy to wait several years for a higher price
  • Owners who want to keep farming until development
  • Sites with technical issues that need time to resolve

Options are the usual way to bring larger sites forward. They let us invest in planning while you keep ownership and the use of your land.

What to check in an option agreement

Option fee

A payment on signing, which you usually keep even if the option isn't exercised.

Minimum price

A floor that protects you if values fall.

Exercise triggers

What has to happen before we can buy.

Your obligations

Agreements set what you can and can't do with the land in the meantime.

Land near Mitcham that an option agreement suits

Development land in Mitcham

Suits larger fields where the planning route may take several years.

Land with planning permission in Mitcham

Rarely needed once consent exists, but can suit phased sites.

Garden land and backland in Mitcham

Useful when several neighbours' gardens are being assembled.

Redundant commercial and industrial land in Mitcham

Useful where vacant possession is some way off.

What happens next

  1. Send us the address

    A postcode, a plan or a what3words location is enough to start.

  2. We do the homework

    We read the title and planning record and check flood risk and access.

  3. You get a written offer

    With the main figures behind it, so your adviser can check it.

  4. Solicitors complete the sale

    Exchange and complete, or exchange now and complete when planning is granted.

Planning and legal points for land in Greater London

Planning framework

Planning decisions in England follow the National Planning Policy Framework, revised in August 2026, and the local plan, prepared by the council or, in a national park, the park authority. Plans are reviewed periodically, which is when new housing sites are usually allocated.

Section 106 and CIL

Larger schemes often need a Section 106 agreement for affordable housing or contributions, and councils that have adopted the Community Infrastructure Levy charge it per square metre of new floorspace.

Common problems, and how we handle them

You're worried about the deductions

Ask for a clear list and a cap on what can be deducted. We'll explain each one.

You want to be sure we'll actually pursue planning

Agreements can include obligations to use reasonable endeavours and set milestones.

Useful to send us

  • The address or postcode
  • Any planning applications or letters
  • Details of any tenants or grazing agreements
  • Photos of the land and its access

Your questions answered

What is an option agreement?

A contract that gives the buyer the right to buy your land within a set period, usually after planning permission is granted. You receive an option fee now and the purchase price if the option is exercised.

Do I keep the option fee if you don't buy?

Normally, yes. The terms are set out in the agreement.

Can I sell to someone else during the option?

Not usually. The option binds the land, and it's normally registered against your title.

Do you cover the villages around Mitcham?

Yes. Villages between Mitcham, Morden and Wimbledon often have the kind of edge-of-settlement land we're looking for.

Also near Mitcham

More land we buy in Mitcham

Ready to talk about your land in Mitcham?

Call 0800 088 6248 or send the details. There's no obligation.

Get an offerCall 0800 088 6248